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Banks’ Exposure to Etisalat Nigeria: Restructuring or Equity Conversion?

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Etisalat Nigeria (ETISALAT) on Monday, released a statement on the planned restructuring of its shareholding to accommodate an equity conversion as regards its failure to meets financial obligations to a consortium of Nigerian banks. This followed the announcement by the parent company on the Abu Dhabi Stock Exchange, where in it stated that it had ...

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